NOT LISTED FOR SALE

8087 S 575 W Morgantown, IN 46160

Estimated Value: $988,000 - $1,306,967

50 Acres
$22,950 Price per Acre
2,178,000 Sq Ft Lot

Last Sold March 24, 2017

Last sale price $780,000 $117 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $6,814/month

62 Days on Market

Highlights

  • In Ground Pool
  • Traditional Architecture
  • Pole Barn
  • 50 Acre Lot
  • Wood Flooring
  • Double Oven

About This Lot

As of March 2017

50 Acres of packaged paradise! 6600+ sq. ft. 5 bdrm antique schoolhouse brick home w/ modern amenities offers generous room sizes, including a main lvl office could be a bedroom w/ full bath next to. Amazing views, finished basement, pool with new liner and cover. Tree lined with rolling pastures, huge barn with stalls for horses, tack room, barn for toys! Riding arena, pond and fenced off areas make this a wonderful move in ready estate! Hunt, fish, play, relax and enjoy.

Last Agent to Sell the Property

Amanda Richardson

F.C. Tucker/Bloomington, REALT Listed on: 01/12/2017

F.C. Tucker/Bloomington, REALT

Last Buyer's Agent

Amanda Richardson

F.C. Tucker/Bloomington, REALT Listed on: 01/12/2017

F.C. Tucker/Bloomington, REALT

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,858

Year Built

  • Built in 1982

Lot Details

  • 50

Parking

  • 4 Car Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Gas Log Fireplace
  • Thermal Windows
  • Fire and Smoke Detector
  • Finished Basement

Kitchen

  • Breakfast Bar
  • Double Oven
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Pole Barn

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Programmable Thermostat
  • Septic Tank

Additional Features

  • 50 Acre Lot
  • Horse or Livestock Barn

Listing and Financial Details

  • Assessor Parcel Number 411033021001000015

Property Details

Property Type

Land

Est. Annual Taxes

$4,858

Year Built

Built in 1982

Lot Details

0

Parking

4

Listing Details

  • Type: HorseFarm,Livestock,MiniFarm
  • Property Sub Type: Farm
  • Architectural Style: TraditonalAmerican, Two Story
  • Property Type: Farm
  • New Construction: No
  • Tax Year: 2016
  • Year Built: 1982
  • Building Area Total: 6676
  • Garage Y N: Yes
  • Lot Size Acres: 50
  • Road Frontage Type: County Road
  • Road Surface Type: Asphalt
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: General
  • Open House Count: 0
  • Open House Public Count: 0
  • Miscellaneous: AerialPhot
  • Residence: 1
  • MBR_AttributionContact: amanda.richardson@homefinder.org
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Finished
  • Appliances: Dishwasher, Dryer, Disposal, Ice Maker, Microwave, MicroHood, Double Oven, Refrigerator, Washer
  • Levels: Two
  • Full Bathrooms: 3
  • Half Bathrooms: 3
  • Total Bathrooms: 6
  • Total Bedrooms: 5
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Windows Thermal
  • Other Equipment: Smoke Detector, Programmable Thermostat
  • Eating Area: Formal Dining Room,Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Sq Ft Main Upper: 4320
  • Main Level Sq Ft: 2048
  • Basement Half Bathrooms: 1
  • Main Half Bathrooms: 2
  • Master Bedroom Description: TubFull,Porch,Sitting Room,Closet Walk in
  • Kitchen Features: Breakfast Bar
  • Below Grade Sq Ft: 2356
  • Upper Level Sq Ft: 2272
  • Pct Optional Level Finished: 75+%
  • Optional Level Below Grade: Basement

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Barn Horse, Barn Pole, Driveway Asphalt, In Ground Pool
  • Foundation Details: Concrete Perimeter
  • List Price: 850000
  • Other Structures: Cattle Barn, Pole Barn, Barn(s)
  • Topography: Cleared,Pasture,Pond,Wooded
  • Porch: Covered Patio,Screened in Patio
  • Road Access: CountyRd

Garage/Parking

  • Garage Spaces: 4
  • Fuel: Propane
  • Garage Parking Description: Attached,Detached
  • Garage Parking Other: Garage Door Opener,Workshop
  • Num Parking Spaces: 5

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Water Heater: Electric

Lot Info

  • Parcel Number: 411033021001000015
  • Acres: >20 Acres
  • Lot Information: Fence Full,Pond,Not In Subdivision,Wooded
  • Lot Number: 0
  • Soil Type: NotApplic

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 4858
  • Semi Annual Property Tax Amt: 2429
  • Tax Exemption: HomesteadTaxExemption

MLS Schools

  • School District: Nineveh-Hensley-Jackson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2017
Closed on
Mar 24, 2017
Sold by
Krukemeier Jeffrey J
Bought by
Smith Joseph A and Smith Amy E
Seller's Agent
Amanda Richardson
F.C. Tucker/Bloomington, REALT
Buyer's Agent
Amanda Richardson
F.C. Tucker/Bloomington, REALT
List Price
$850,000
Sold Price
$780,000
Premium/Discount to List
-$70,000
-8.24%
Current Estimated Value
$1,147,484

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$367,484
Avg. Annual Appreciation
4.62%
Original Mortgage
$585,000
Outstanding Balance
$298,502
Interest Rate
4.16%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$848,982

Purchase Details

Closed on
Feb 10, 2009
Sold by
Krukemeier Samantha
Bought by
Krukemeier Jeffrey J
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Smith Joseph A -- None Available
Krukemeier Jeffrey J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Joseph A $585,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/24/2017 03/24/17 Sold $780,000 -8.2% $117 / Sq Ft
03/15/2017 03/15/17 Pending -- -- --
01/11/2017 01/11/17 For Sale $850,000 -- $127 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,472 $1,106,200 $184,300 $921,900
2024 $8,472 $890,000 $182,400 $707,600
2023 $7,888 $842,100 $168,200 $673,900
2022 $7,693 $790,000 $164,200 $625,800
2021 $6,400 $684,800 $160,700 $524,100
2020 $5,967 $675,100 $160,500 $514,600
2019 $5,630 $643,100 $165,200 $477,900
2018 $5,357 $626,800 $166,000 $460,800
2017 $5,273 $584,800 $170,000 $414,800
2016 $4,859 $568,200 $171,800 $396,400
2014 $4,697 $581,400 $173,400 $408,000
2013 $4,697 $576,700 $168,500 $408,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21460027

MIBOR Broker Listing Cooperative®

APN: 41-10-33-021-001.000-015